Airline stocks fall with JetBlue, US Airways

ChristopherHinton

NEW YORK (MarketWatch) -- Airline stocks declined Wednesday after sharp prior-day gains with JetBlue and US Airways leading the selloff. At last check, the Amex Airline Index
XAL, +1.52%
fell 2.3% to 17.95 points with all but one of its 13 components trading down. Shares of US Airways were off 4.5% to $2.94 after posting weaker revenue for May, hurt in part by the swine-flu outbreak that led to a rollback in its flights to Mexico. Other major carriers fell, including United parent UAL Corp.
UAL, +3.34%
down 3.4% to $5.09, while Continental
CAL, -0.92%
lost 2% to $10.78. Low-cost carrier JetBlue
JBLU, +0.32%
plunged 10% to $4.51 after the company said it would offer more common stock.

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